Industry Resources | December 1, 2020
CMS Amended Administrative Ruling (CMS 2020-1-R2) On Medicare Payment For COVID-19 Diagnostic Testing
The amended ruling was issued on October 15, 2020, by the Centers for Medicare & Medicaid Services (CMS). It explains a change in how CMS will reimburse laboratories for high throughput COVID-19 diagnostic tests. The change goes into effect on January 1, 2021. Laboratories that process the tests within two days will receive payment of a $75 base rate plus a $25 add on per test. Slower laboratories will receive the base rate of $75 . . .